KS Tax Credit and Investment Opportunity

2012-02-15T20:02:44+00:00February 15, 2012|Uncategorized|

Unhappy with your 2011 tax bill?  Tax credits can be extremely beneficial to taxpayers who are phased-out of other potential deductions due to their income level.  Tax credits are also more beneficial than tax deductions because a credit lowers your tax bill dollar for dollar; a deduction lowers your taxable income, meaning it’s value depends on your tax bracket.  For example, if you’re in the 25% bracket, a $1,000 deduction lowers your tax bill by [...]